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File #: 23-0926    Version: 1
Type: Mayor's Request Status: Approved
File created: 5/30/2023 In control: City Council
On agenda: 6/8/2023 Final action: 6/27/2023
Enactment date: 6/22/2023 Enactment #: 215668
Title: Requesting the rescission of $13,232,471 of authorized but un-issued borrowings.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury
Code sections: Bond/BAN -
Attachments: 1. Somerville Rescission Order - 2023 FINAL 060623

Agenda Summary


Requesting the rescission of $13,232,471 of authorized but un-issued borrowings. 



Official Text

To the Honorable City Council:


The Mayor hereby requests, pursuant to Massachusetts General Laws Chapter 44, that $13,232,471 of the $14,741,600 authorized to be borrowed to pay costs of the attached list of projects be rescinded and of no further force or effect.


Appropriate staff will be available to answer any questions about this borrowing rescission you may have. Thank you for your consideration of this matter.



 Katjana Ballantyne, Mayor